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Sunny Optical Shareholder Acquires Significant Stake, Signaling Growth Confidence

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Sunny Optical Shareholder Acquires Significant Stake, Signaling Growth Confidence

Meet Your ETF AI Analyst

Sunny Optical Technology (Group) Co ( (HK:2382) ) just unveiled an announcement.

Sunny Optical Technology announced that Sun Xu Limited, a substantial shareholder, has acquired 720,000 ordinary shares of the company at approximately HK$74.0090 per share. This acquisition indicates confidence in the company’s long-term growth prospects. The company has ensured compliance with public float requirements following this transaction.

The most recent analyst rating on (HK:2382) stock is a Hold with a HK$83.00 price target. To see the full list of analyst forecasts on Sunny Optical Technology (Group) Co stock, see the HK:2382 Stock Forecast page.

More about Sunny Optical Technology (Group) Co

Sunny Optical Technology (Group) Co. is a company incorporated in the Cayman Islands, primarily engaged in the optical industry. The company focuses on the production and sale of optical products and technologies, serving a range of markets with its advanced optical solutions.

Average Trading Volume: 10,719,640

Technical Sentiment Signal: Hold

Current Market Cap: HK$82.14B

For detailed information about 2382 stock, go to TipRanks’ Stock Analysis page.

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